The Progressive Corporation
PGRFinancial Services · Stock · quarterly payer
$195.38
Add to PortfolioForward Yield
7.11%
Annual Dividend
$13.90
Payout Ratio
71%
5-Yr Growth
0.0%
Ex-Date
Jul 2, 2026
Frequency
Quarterly
PGR Dividend Safety Score
71/ 100
Grade B
Safe
Dividend-growth streak6 consecutive years of growth
Cut historyCut its dividend in 2005
Earnings payout coverage71% of earnings paid out
Free-cash-flow coverage52% of free cash flow
Balance-sheet strengthDebt/equity of 0.26
Yield vs its historyYield is 3.6× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is PGR a good dividend stock?
Yes, with caveatsThe Progressive Corporation (PGR) pays a quarterly dividend yielding 7.11% ($13.90/yr), with 6 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 104% total price return over 5 years
Risks
- Cut its dividend in 2005
Key Data
- Dividend Yield
- 7.11%
- Payout Ratio
- 71%
- Annual Dividend
- $13.90
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Jul 2, 2026
- Years of Growth
- 6
- Frequency
- quarterly
- Beta
- 0.27
- Market Cap
- $114.0B
- P/E Ratio
- 9.9
- 5-Yr Total Return
- 104%
- 52-Week Range
- $189.20 – $283.95
- Dividend Safety
- B · 71/100
- Ever Cut?
- Yes (2005)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 2, 2026 | — | $0.1000 | regular |
| Jan 2, 2026 | — | $13.6000 | regular |
| Oct 2, 2025 | — | $0.1000 | regular |
| Jul 3, 2025 | — | $0.1000 | regular |
| Apr 3, 2025 | — | $0.1000 | regular |
| Jan 10, 2025 | — | $4.6000 | regular |
| Oct 3, 2024 | — | $0.1000 | regular |
| Jul 3, 2024 | — | $0.1000 | regular |
| Apr 3, 2024 | — | $0.1000 | regular |
| Jan 18, 2024 | — | $0.8500 | regular |
| Oct 4, 2023 | — | $0.1000 | regular |
| Jul 6, 2023 | — | $0.1000 | regular |
| Apr 5, 2023 | — | $0.1000 | regular |
| Jan 5, 2023 | — | $0.1000 | regular |
Income Calculator
At $13.90 / yr per share
Per payment (quarterly)$347.50
Annual$1,390.00
Monthly avg$115.83
